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Bernstein Keeps Their Buy Rating on Burberry (BRBY)

Tipranks - Tipranks - Fri Feb 20, 6:44AM CST

In a report released today, Luca Solca from Bernstein maintained a Buy rating on Burberry, with a price target of p1,500.00.

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Solca covers the Consumer Cyclical sector, focusing on stocks such as LVMH Moet Hennessy Louis Vuitton, Burberry, and Compagnie Financiere Richemont SA. According to TipRanks, Solca has an average return of 9.3% and a 60.71% success rate on recommended stocks.

Burberry has an analyst consensus of Moderate Buy, with a price target consensus of p1,344.44.

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Based on Burberry’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p1.03 billion and a GAAP net loss of p26 million. In comparison, last year the company earned a revenue of p1.09 billion and had a GAAP net loss of p74 million

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